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the economy and create jobs. what does he need to do? >> i say emulate canada. canada has cut its government spending. its corporate tax rate is now down to 18%. ours is 35%. by the way, canada shrunk the size of its government, and it has an 8. unemployment rate, and we have 9.5. they're winning. >> susie: you would like to see some movement on taxes. >> absolutely. >> susie: we're going to have to leave it there, brian. thanks a lot. have a great weekend. >> you, too, susie. >> susie: we've been speak with brian wesburg, chief economist. >> tom: september is a good month to remember, so far. let's get to tonight's "market focus." the major indices have been climbing since the month began on wednesday, closing close to three-week highs. the dow gained almost 3% this week, with buying continuing since the big rally wednesday. the nasdaq was up 3.7% over the past five sessions, and the s&p 500 added 3.8% this week, ending with the best three-day rally since may. stocks today were able to build on the buying, with financial stocks leading the way. the financial select e.t.f. cludes banks, insu
the company's imports from canada. the pipeline is a primary supplier of crude oil from western united states into the canada. they expect "significant impact" on oil producers and refiners. it rose 3% to $76.45 a barrel in new york trading. >> tom: politics can make investors nervous, but not tonight's "market monitor." robert drach is the publisher of the "drach weekly research report." and he's is back with here on "nightly business report." >> good to see you, tom. >> tom: ahead of the november elections, you say you're absolutely bullish about stocks. why is that? >> if there was any time you didn't have to worry about the market than elections, this is it. historically, if the legislative and executive branches offset, which looks like is going to happen. >> tom: different parties. >> yeah. they offset, it is invariably strong for stocks. one group with a lot of the political cronyism, and special if you have another things. >> tom: like what? >> the most accommodated fed in history, and the cash reserves are the largest in history. >> tom: in terms of the corporate cash -- >> right. yo
silver and gold. it started in canada. this is a big picture play. i think gold is going. if we get a pullback in october in gold, i would buy that. >> tom: in 20 second, you like i.a.u., one of the gold e.t.f.s that hold the precious metal. do you trade it or hold on to it? >> it could be both. what i like, versus the g.l.d., which so many people talk about, which is $120 stock, this mirrors the price of gold and the $12 stock. it is something the average investor can buy, and still buying quality and don't have to commit as much capital. >> tom: how about disclosures for what we mentioned here tonight? >> i own and trade all of them. >> tom: it is mark leibovit, chief market strategist at >> tom: that's "nightly business report" for friday, september 24. i'm tom hudson. goodnight everyone and have a great weekend. you too, susie. >> susie: good night tom. i'm susie gharib have a good weekend everyone. we hope to see all of you again monday night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you
Search Results 0 to 2 of about 3